National Silicon Industry Group Co (SHSE:688126) ROCE % : -0.12% (As of Dec. 2023)

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What is National Silicon Industry Group Co ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. National Silicon Industry Group Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.12%.

National Silicon Industry Group Co ROCE % Historical Data

The historical data trend for National Silicon Industry Group Co's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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National Silicon Industry Group Co ROCE % Chart

National Silicon Industry Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.09

1.80

1.63

2.54

1.02

National Silicon Industry Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															4.18	2.53	1.30	0.56	-0.12

National Silicon Industry Group Co ROCE % Calculation

National Silicon Industry Group Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	253.131	/	( ( (25462.606 - 1893.35)	+	(29031.756 - 2894.315) )	/ 2 )
	=	253.131	/	( (23569.256	+	26137.441)	/ 2 )
	=	253.131	/	24853.3485
	=	1.02 %

National Silicon Industry Group Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-31.188	/	( ( (26650.123 - 2115.574)	+	(29031.756 - 2894.315) )	/ 2 )
	=	-31.188	/	( ( 24534.549	+	26137.441 )	/ 2 )
	=	-31.188	/	25335.995
	=	-0.12 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

National Silicon Industry Group Co (SHSE:688126) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

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National Silicon Industry Group Co (SHSE:688126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » National Silicon Industry Group Co Ltd (SHSE:688126) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 865 Changning Road, 4th Floor, Building 5, Shanghai, CHN, 200050

Website

http://www.nsig.com

National Silicon Industry Group was founded in 2015 after reorganizing several smaller silicon producers. Its major subsidiaries are Zing Semiconductor and Simgui domestically, and Okmetic in Finland. The company had an annual production capacity of 9 million wafers at the end of 2022. NSIG holds a 9% stake in France-based Soitec, which is both a supplier and a customer. NSIG is headquartered in Shanghai, China and employs over 2,400 people.

National Silicon Industry Group Co (SHSE:688126) Headlines

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